| Phoenix Suns (30-13) at Cleveland Cavaliers (23-18), 7 p.m.
The Cleveland Cavaliers will continue their hot start to the new year tonight, when they close out a two-game homestand versus the Phoenix Suns at Quicken Loans Arena.The Cavs have won five straight and improved to 9-1 in January after Wednesday's 121-85 victory over the Washington Wizards in the opener of the homestand. Zydrunas Ilgauskas scored 24 points for Cleveland, which has won 11 of its last 13 games. LeBron James had 23 points, eight rebounds and eight assists for the Cavaliers, while Drew Gooden had 18 points and 10 boards.Cleveland has won six in a row at home and owns a 13-6 mark at Quicken Loans Arena this season. In injury news for the Cavaliers, forward Cedric Simmons (finger) is doubtful for Friday's game, while forward Donyell Marshall (wrist/finger) is listed as questionable.Meanwhile, Phoenix will try to get back on the winning track when it resume a four-game road trip on Friday night.
Blaze Sends Thousands Fleeing a Las Vegas Resort
The Monte Carlo has been a middle-of-the-market option in the shadow of its more opulent, more expensive neighbor, the Bellagio. Thousands of guests were evacuated to the arena of the MGM Grand, a second property of the Monte Carlo's parent company, MGM Mirage, to be offered accommodations at other company resorts, including the Bellagio and New York-New York. It is unclear when they will be able to return to their rooms at the Monte Carlo to retrieve their belongings, said a spokesman for MGM Mirage, Alan M. Feldman. The resort will remain shut, Mr. Feldman said, until county building inspectors can assess it and determine which areas can reopen when. Mr. Feldman said he thought the two top floors of rooms and suites were occupied when the fire broke out.
An old hand in a strange new world
To Sidney, as he thought about it much later, this debt-heavy, equity-light 1980 deal seemed an early example of a leveraged buyout. Early indeed - because private equity pioneer KKR was then only four years old and six years way from its own brush with Beatrice, which it took private in 1986. .
50 Cent
The product of a broken home in the rough Jamaica neighborhood of Queens and, in turn, the storied hood's hustling streets themselves, 50 Cent lived everything most rappers write rhymes about but not all actually experience: drugs, crimes, imprisonments, stabbings, and most infamously of all, shootings. Of course, such experiences became 50 Cent's rhetorical stock-in-trade. He reveled in his oft-told past, he called out wannabe gangstas, and he made headlines. He even looked like the ideal East Coast hardcore rapper: big-framed with oft-showcased biceps, abs, and tattoos as well as his trademark bulletproof vest, pistol, and iced crucifix. But all-importantly, 50 Cent may have fit the mold of a prototypical hardcore rapper, but he could also craft a catchy hook. As a result, his music crossed over to the pop market, appealing to both those who liked his roughneck posturing and rags-to-riches story as well as those who liked his knack for churning out naughty singalong club tracks.
The “R” Word and an Economic Stimulus Plan
Home sales have plummeted. Lots of real-estate agents are experiencing their own recession. In southeastern Michigan the auto industry is doing so poorly that if feels more like a depression. Nationwide, not only are there record home foreclosures, but delinquency rates on auto loans and credit card debt are increasing at a worrisome rate. Retail sales are down modestly year over year. If this isn't a recession, it sure seems like one.So what is a politician to do when confronted by these disquieting economic conditions in January of an election year? Ride to the rescue, of course. Thus, on Thursday, January 17, Federal Reserve Board Chairman Ben Bernanke appeared before a congressional committee to appeal for an "economic stimulus" package. The very next day, President Bush and Treasury Secretary Hank Paulson echoed Bernanke's remarks.
Tough Love for Colleges
Howard P. (Buck) McKeon, described the idea as "dead in the water." But Nicholas Donofrio, the executive vice president for innovation and technology at IBM, who is on the commission, said Thursday that it would be possible to construct a records system that would create no privacy issues whatsoever. "There are other ways," said Donofrio. Amid much bashing of rankings by U.S. News & World Report, momentum also seemed to build on the panel for finding other ways to measure, and report to the public, on colleges’ performance, particularly in the realm of finances and student "outcomes." How such reporting would unfold — and whether it would be compelled, by making it contingent on the receipt of federal financial aid, for instance — were questions left for another day, although Miller, the panel’s chairman, said such requirements were not out of the question.
MOHELA Forgives $1.5 Million in Student Loan Balances for First-Year ...
ST. LOUIS, MO--(Marketwire - January 24, 2008) - The Missouri Higher Education Loan Authority (MOHELA) has announced loan forgiveness awards of up to $3,200 for 510 public school teachers in Missouri. Designed to encourage the retention of quality educators, the awards went to all certified first-year teachers with Stafford student loans owned and serviced by MOHELA, as well as provisionally certified math, science and special education teachers. This award brings the total higher education loan balance and fee reduction granted by MOHELA to more than $42 million since 2000. In addition, MOHELA has pledged $335 million to help universities across Missouri improve facilities and provided $15 million to encourage research, development and commercialization of new technologies through the Missouri Technology Corporation.
IPG Photonics to Open NASDAQ Stock Market on January 28
Please note an archive of the event will not be available. "IPG is honored to participate in the NASDAQ Opening Bell Ceremony, which celebrates the one-year anniversary of our initial public offering in December 2007," said Dr. Gapontsev. "During the past year, we leveraged our disruptive technology to displace conventional lasers as well as sell our fiber lasers into new applications where lasers have never been used before. As the only fully integrated manufacturer of fiber lasers, IPG has major competitive advantages. In addition, our expanding global presence provides us with significant opportunities for growth. During 2008, we plan to continue to penetrate the laser market with our innovative and proven technology." About IPG Photonics Corporation IPG Photonics is the leading global manufacturer of high-performance fiber lasers and amplifiers for diverse applications in numerous markets, such as materials processing, communications, medical, and scientific and research.
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